... because it involves a lot of uncertainty due to the geological complexity of the targets being explored, as well as a lot of risky capital. Taking these factors into account, the Company will need to expand its exploration function as well as its approaches to managing exploration projects in order...

... & gas value chain capital regenerative practice consumption sustainable development goal positive impact natural system regeneration social responsibility feedstock efficiency circular economy closing loop consumer Introduction "…human activity brings about environmental changes...

... Abstract Choosing the best projects to fund is easy. Our challenge is trying to weigh the complexities of the projects that are at the threshold for funding in a capital-constrained environment. Even though all the projects under consideration might be economically viable on a stand-alone basis...

... multi-objective optimization algorithm. Implement closed-form approximations of reserves uncertainty and confidence metrics, sufficient to demonstrate optimization capability, but not necessarily valid for planning purposes. Explore replanning scenarios for significant capital reductions, and also...

... operator duvernay liquid rich shale supply and demand forecasting Upstream Oil & Gas contract development best practice shallow cut Scenario market analysis gas processing capital recovery configuration type curve production monitoring Artificial Intelligence scenario 1 midstreamer...

... of the asset and is no longer hostage to local mean values and, more importantly, large standard deviations. Consequently, UR capital commitments differ from those of conventional opportunities. URs have much longer economic lives and require nearly continuous capital investment. URs provide management...

... method in the petroleum industry is to use corporate venture capital (VC) as a tool to gain access to world class technology. This paper covers a decade of Chevron venture capital experience, including justification for corporate VC investments, how success is measured, financial and strategic yield...

... for which intelligent scraping facilities have not been retrofitted. This upgrade requires very large capital expenditures and for that reason cannot be performed on every offshore line. To respond to the dilemma of either doing "nothing" or to invest a substantial amount of money without an absolute...

... Any operating business with many assets must make good decisions about the allocation of constrained resources. Investment capital has traditionally been a constraint, yet today, human resources and specific physical resources, such as drilling rigs, may be more critical constraints...

...Introduction Abstract Management teams across the globe have and will continue to bet on major capital projects to drive their companies' performance. Capital committed to these mega-projects has increased at a compounded average growth rate of over 12% over the last decade, and this trend...

... business models which promise to alter the way the oil industry funds new technology in the future. entrepreneur asset and portfolio management spe 98513 business model new technology half-life corporate venture capital venture capital energy industry society of petroleum engineers capital...

... While risk analysis and stochastic considerations are widely applied in the analysis of individual projects or wells, frequently this information is lost or misrepresented when data is rolled-up at a division or corporate level. Strategic plans or capital allocations based on the consolidation...

... portfolio optimization capital Introduction The advantages of using portfolio analysis, wherein the effects of investment decisions are weighted at a high level (division, company, or corporation) instead of on the project level, are well understood and well documented 1 . Still, many companies...

... analysis artificial intelligence investment opportunity development opportunity portfolio optimization asset and portfolio management spe 90700 annual lease cost reward matrix application transition probability npv matrix investment capital Introduction Allocating capital within...

... countries stable? Is inflation low? Is the exchange rate stable? Is there capital flight? Is debt so high that taxes might be raised or contract terms changed? Have macroeconomic conditions deteriorated so much that a change in government is possible? Are living conditions improving in general...

... and contractors. Given the increasing level of risk exposure around Nexen Well Construction activities and the consequent impact on total corporate capital expenditure, the need was seen to develop a system to enable standardization and management of policies, procedures and guidelines as they pertained to Well...

... probability business performance portfolio dubois asset and portfolio management portfolio decision inc correction portfolio optimization business plan cash flow original plan society of petroleum engineers spe 84333 information upstream oil & gas capital society fail...

... Abstract This paper will briefly discuss the derivation of market value discount rates from market sales and, separately, from cost-of-capital approaches. The paper will then focus on the reasons for the apparent disparity whereby discount rates derived from market sales consistently exceed...

... of borrowing capital as its absolute minimum rate of return while that of the shareholder uses the bank saving rate of return. The absolute minimum rate of return for the society captures the replacement of oil and gas as wasting assets, while that for the host communities encompass the replacement...

... to the majors. The largest independents are about $10 billion in market capitalization and the smallest are approximately $1 billion. The best performing independents also were all involved with significant acquisitions or mergers, though unlike the majors some of the independents were acquirers and some were...